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Exxon abandons Russian projects brokered by Tillerson

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Exxon Mobil Corp. is calling off Russian projects brought about by its former CEO, Secretary of State Rex Tillerson.

Exxon cited the U.S. decision last year to impose new sanctions on Moscow for its alleged interference in the 2016 election.

One project is an exploration partnership with plans to invest as much as $500 billion in developing Russia's Arctic and Black sea oil reserves.

Read more from The Wall Street Journal.

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